Nice Work Kamala! California Attorney General Kamala D. Harris Announces Final Components of California Homeowner Bill of Rights Pass Legislature

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AG Kamala D. Harris Announces Final Components of Calif. Homeowner Bill of Rights Pass Legislature

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08/30/12/12

Cross linked with ca.gov

SACRAMENTO — Attorney General Kamala D. Harris today announced that the final parts of the California Homeowner Bill of Rights have passed out of both legislative houses and have been sent to the Governor’s desk.

“The entire Homeowner Bill of Rights legislative package will ensure fair lending and borrowing practices for California homeowners,” said Attorney General Harris. “California has been the epicenter of the foreclosure crisis and this package of legislation will help affected homeowners, tenants and neighborhoods.”

Senate Bill 1474 by Senator Loni Hancock, D-Berkeley, gives the Attorney General’s office the ability to use a statewide grand jury to investigate and indict the perpetrators of financial crimes involving victims in multiple counties.

Assembly Bill 1950, by Assemblymember Mike Davis, D-Los Angeles, extends the statute of limitations for prosecuting mortgage related crimes from one year to three years, giving the Department of Justice the ability to investigate and prosecute complex mortgage fraud crimes.

On Governor Brown’s desk is Assembly Bill 2610 by Assemblymember Nancy Skinner, D-Berkeley, which will require purchasers of foreclosed homes to give tenants at least 90 days before starting eviction proceedings. If the tenant has a fixed-term lease, the new owner must honor the lease unless the owner demonstrates that certain exceptions intended to prevent fraudulent leases apply.

Already signed into law is Assembly Bill 2314 Assemblymember Wilmer Carter, D-Rialto, which provide additional tools to local governments and receivers to fight blight caused by multiple vacant homes in neighborhoods.

In June, two key parts of the Homeowner Bill of Rights passed out of both houses of the Legislature and were signed by Governor Jerry Brown. Those bills, which came out of a two-house conference committee, provide protections for borrowers and struggling homeowners, including a restriction on dual-track foreclosures, where a lender forecloses on a borrower despite being in discussions over a loan modification to save the home. The bills also guarantee struggling homeowners a single point of contact at their lender with knowledge of their loan and direct access to decision makers.

All aspects of the California Homeowner Bill of Rights will take effect on January 1, 2013 once signed into law.

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Youtube below dated July 12th, 2012.

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Nice work California Attorney General Kamala D. Harris!

California thanks you for a job well done!

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Her name is Kamala D. Harris AND SHE FOUGHT BACK AND WON!

All Rise!  The Honorable AG Harris has left The Courtroom of Public Opinion!

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2 Comments

  1. jaclyn says:

    Jaclyn Mammone Silvestri

    OMG This is such horseshit ! No dual tracking and single point of contact are mere crumbs for the starving homeowners. …yep throw the homeowners a few crumbs then make it slippery nice and easy for investors to buy bundled foreclosures for pennies on the dollar. This is really starting to piss me off. And OCWEN leading the pack of wolves .lenders illegally foreclosing and stealing homes, bundling them up so investors can scoop them up to rent out like the slumlords they are. If anybody is going to make money renting out my house ..it’s gonna’ be ME. I’ve worked hard to get to this stage in my life and NO… they will not steal my last source of income.

  2. jaclyn says:

    Jaclyn Mammone Silvestri

    OMG This is such horseshit ! No dual tracking and single point of contact are mere crumbs for the starving homeowners. …yep throw the homeowners a few crumbs then make it slippery nice and easy for investors to buy bundled foreclosures for pennies on the dollar. This is really starting to piss me off. And OCWEN leading the pack of wolves .lenders illegally foreclosing and stealing homes, bundling them up so investors can scoop them up to rent out like the slumlords they are. If anybody is going to make money renting out my house ..it’s gonna’ be ME. I’ve worked hard to get to this stage in my life and NO… they will not steal my last source of income.

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